U.S.: Full-Rotation Excavator Market 2025

Full-Rotation Excavator Market Size in the U.S.

The U.S. full-rotation excavator market soared to $X in 2021, increasing by 27% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -17.0% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Full-Rotation Excavator Exports

Exports from the U.S.

In 2021, shipments abroad of self-propelled full-rotation excavators and bulldozers was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, recorded a perceptible reduction. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, full-rotation excavator exports skyrocketed to $X in 2021. Over the period under review, exports, however, showed a abrupt decrease. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X units) was the main destination for full-rotation excavator exports from the United States, accounting for a 68% share of total exports. Moreover, full-rotation excavator exports to Canada exceeded the volume sent to the second major destination, Mexico (X units), more than tenfold. Australia (X units) ranked third in terms of total exports with a 2.4% share.

From 2012 to 2021, the average annual growth rate of volume to Canada stood at +1.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-4.3% per year) and Australia (-2.1% per year).

In value terms, Canada ($X) remains the key foreign market for self-propelled full-rotation excavators and bulldozers exports from the United States, comprising 74% of total exports. The second position in the ranking was taken by Peru ($X), with a 5.4% share of total exports. It was followed by Mexico, with a 3.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada stood at -2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (+1.7% per year) and Mexico (-7.9% per year).

Export Prices by Country

In 2021, the average full-rotation excavator export price amounted to $X per unit, declining by -10.5% against the previous year. Overall, the export price recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2017 an increase of 18%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($X per unit), while the average price for exports to Australia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.

Full-Rotation Excavator Imports

Imports into the U.S.

In 2021, approx. X units of self-propelled full-rotation excavators and bulldozers were imported into the United States; jumping by 31% on 2020. Overall, total imports indicated a temperate expansion from 2012 to 2021: its volume increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -1.4% against 2019 indices. Over the period under review, imports attained the maximum at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, full-rotation excavator imports soared to $X in 2021. Over the period under review, imports, however, showed a slight curtailment. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Japan (X units) constituted the largest full-rotation excavator supplier to the United States, accounting for a 72% share of total imports. Moreover, full-rotation excavator imports from Japan exceeded the figures recorded by the second-largest supplier, China (X units), sevenfold. The third position in this ranking was taken by South Korea (X units), with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Japan totaled +3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+44.2% per year) and South Korea (+1.3% per year).

In value terms, Japan ($X) constituted the largest supplier of self-propelled full-rotation excavators and bulldozers to the United States, comprising 72% of total imports. The second position in the ranking was held by South Korea ($X), with a 13% share of total imports. It was followed by China, with a 6.7% share.

From 2012 to 2021, the average annual growth rate of value from Japan was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-4.1% per year) and China (+33.9% per year).

Import Prices by Country

The average full-rotation excavator import price stood at $X per unit in 2021, remaining constant against the previous year. Over the period under review, the import price, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 7% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was South Korea ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (-2.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :